The State Treasury of Vietnam has raised VND3.12 trillion (US$134 million) worth of government bonds at a recent auction on the Hanoi Stock Exchange.
The agency offered G-bonds in three tenors: seven years for VND1 trillion and 10 years and 30 years for VND2 trillion each, reported the Vietnam News Agency.
As a result, the proceeds of the auction totalled VND3.12 trillion (US$134 million), with interest rates on all tenors dropping 0.11 percent to 0.37 percent per year compared to previous sales.
In particular, VND370 billion worth of seven-year bonds was mobilised with an annual interest rate of 1.9%, down a mere 0.1 percent compared with the auction on March 4.
As much as VND2 trillion was raised from 10-year bonds with an annual interest rate of 2.18%, down 0.61 percent from the February 26 auction.
Meanwhile, an additional VND750 billion was collected through 30-year bonds, with a yield rate of 3%, 0.25 percent lower than that in the March 4 session.
So far this year, the State Treasury has collected VND31.38 trillion (US$1.34 billion) worth of government bonds on the northern bourse.
https://english.thesaigontimes.vn/75367/gov%e2%80%99t-earns-more-than-vnd3 trillion-from-latest-bond-sales.html
